The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.

The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.

OverviewThe Securities Reports Division of the Statistics Function of the Federal Reserve Bank of New York will host a seminar to train reporters how to correctly complete the Report of U.S. Ownership of Foreign Securities Including Selected Money Market Instruments as of December 30, 2011 (SHC) on November 10, 2011.

Key Topics

Who should report : U.S. custodians, U.S. end-investors (including investment managers, pension funds and foundations)

Consolidation rules and exemption levels

How to determine the residence of the issuer or holder

What types of securities should be reported and how they should be reported

How we analyze the report

Audience

Those responsible for regulatory reporting for their organizations

Those responsible for keeping members of their trade associations informed of reporting responsibilities

Companies providing legal services or securities services/administration to the above

The Federal Reserve Bank of New York is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of Continuous Professional Education (CPE) Sponsors. Attendance in person is required to be eligible to receive CPE credits.